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    Palladium joins the gold and platinum club

    Investing News Network
    Nov. 12, 2010 10:43AM PST
    Precious Metals Investing

    Citywire.com reports that, because Palladium is a component of catalytic converters, demand for it is expected to increase.

    Citywire.com reports that, because Palladium is a component of catalytic converters, demand for it is expected to increase.

    The story is quoted as saying:

    ‘The real interest has come about for two reasons, accentuated by a third,’ he told Citywire. ‘These are: auto sales with regard to petrol-based engines; the apparent reduction in supply from Russia; and the issues the PGM [platinum and gold mining] industry is facing right now.’

    To access the full story, click here.

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